- For the UK government agency also named Cenex, see Centre of Excellence for Low Carbon and Fuel Cell Technologies
 | |
| Type | Private. Secondary agricultural cooperative |
|---|---|
| Traded as | Nasdaq: CHSCP |
| Industry | Wholesale agriculture products Fuels |
| Founded | 1931 as Farmers Union Central Exchange |
| Headquarters | , |
| Key people | Jay Debertin (CEO) |
| Revenue |  US$28.406 billion (2020)[1] |
| Operating income | US$277.27 million (2020)[1] |
| Net income | US$422.4 million (2020)[1] |
| Total assets | US$15.994 billion (2020)[1] |
| Total equity |  US$8.819 billion (2020)[1] |
| Number of employees | 10,493 (August 2020)[1] |
| Subsidiaries | Cenex |
| Website | www.chsinc.com |
CHS Inc. is a Fortune 100 business owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders. Based in Inver Grove Heights, Minnesota, it owns and operates various food processing and wholesale, farm supply, Cenex brand fuel, financial services and retail businesses, and is a co-owner of Ventura Foods, a vegetable oil processor.
It is ranked 1st on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives (ranked by 2012 revenue), and 96th (by 2017 revenue) in the Fortune 500 2018 list of United States corporations.[2]
History[edit]
The history of CHS began in 1931 with the founding of the Farmers Union Central Exchange in Saint Paul, Minnesota. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name.
In 1998, Cenex merged with Harvest States Cooperatives to form Cenex Harvest States.
In 2003, the cooperative changed its legal name to CHS Inc.
References[edit]
- ^ a b c d e f "CHS Inc. 2020 Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. 31 August 2020.
- ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved 2018-11-10.
External links[edit]
- Official website
- Historical records of the Farmers Union Central Exchange are available for research use at the Minnesota Historical Society
